At a Glance
- Tasks: Lead non-natural catastrophe analysis and manage exposure to risks like terrorism and war.
- Company: Join Hiscox, a forward-thinking company prioritising diversity and inclusion.
- Benefits: Enjoy hybrid working, competitive salary, and a supportive work environment.
- Other info: Flexible work-life balance with opportunities for professional growth.
- Why this job: Make a real impact on risk management in a dynamic and evolving landscape.
- Qualifications: 3+ years in catastrophe modelling with a focus on non-natural perils.
The predicted salary is between 60000 - 80000 £ per year.
Build a brilliant future with Hiscox. London based - Hybrid - min of 2 days in the office per week.
The Team
The Group Exposure Management team is part of the wider Underwriting Risk and Reinsurance team that reports to the group CUO. We work closely with the catastrophe modelling and capital management teams in order to gain a full understanding of underwriting risk across the group.
The Role
We are looking for an experienced catastrophe modeller or exposure analyst to lead the Group Exposure Management functions work on non‑natural cat related peril management. You will be working with the business to monitor exposure to non‑natural perils and our position against risk appetite. Hiscox is exposed to a variety of non‑natural related perils, including terrorism, war, marine and aviation. As a result, it is important that we understand whether the exposure management methods we use today are calibrated to the current level of risk, and that our business strategy can withstand or adapt to the rapidly changing non‑natural and geopolitical landscape. The impact of non‑natural perils on our business rightly has the interest of Underwriting Management, our Boards, Investors, and Regulators with growing expectations on all fronts. In this role you will be responsible for ensuring that we can accommodate a range of non‑natural scenarios in our catastrophe modelling and exposure management framework and take the lead on non‑natural related regulatory submissions. You will help ensure that all updates to our Hiscox View of Risk are captured within our systems and communicated effectively to the business units.
Key Responsibilities
- Support the development and implementation of non-natural risk appetite measures and controls.
- Integrate new views, tools and measures into the exposure management infrastructure: We want systems and processes that are accessible to all.
- Ensuring the Hiscox View of Risk is valid for the latest non-natural perils developments.
- Ensuring we fulfil our non-natural catastrophe regulatory obligations, PRA, BMA and Lloyd’s.
- Support junior team members work on all peril monitoring.
- Monitor emerging non-natural perils and their potential impacts on Hiscox Group risk appetite.
- Develop appropriate MI to report against non-natural related peril appetites and provide the business with the information they need to make effective decisions.
Person Specification
- 3+ yrs experience of catastrophe modelling with particular focus on major non-natural perils (Marine, Aviation, Terrorism).
- Deep interest in the non-natural threat landscape.
- Aptitude for technical coding (we use SQL, R, VBA but no specific knowledge is essential).
- Ability to explain complicated ideas clearly.
- Good written/report writing skills.
- Well organised and deadline focused.
Nice to have
- Experience of capital modelling.
- Knowledge of SQL server coding.
Diversity and Hybrid working
At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We have also learned over the past few years that working life doesn’t always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work life balance. This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.
Senior Non-Natural Catastrophe Analyst employer: Dormont Manufacturing Co
Hiscox is an exceptional employer that prioritises diversity and inclusivity, fostering a culture where every team member can thrive. With a hybrid working model that promotes a healthy work-life balance, employees benefit from both collaborative office time and the flexibility to manage their own schedules. The company also offers robust opportunities for professional growth, particularly in the dynamic field of non-natural catastrophe analysis, making it an ideal place for those seeking meaningful and rewarding careers in London.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Non-Natural Catastrophe Analyst
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those at Hiscox. A friendly chat can sometimes lead to opportunities that aren’t even advertised. Plus, it shows your genuine interest in the company.
✨Tip Number 2
Prepare for interviews by diving deep into non-natural perils and Hiscox’s approach. Show us you know your stuff! Bring examples of how you've tackled similar challenges in the past, and be ready to discuss your insights on the current threat landscape.
✨Tip Number 3
Don’t just wait for job openings; create your own path! If you see a gap in the market or a way you could add value to our team, pitch it. We love proactive candidates who think outside the box.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Hiscox family. Let’s make it happen!
We think you need these skills to ace Senior Non-Natural Catastrophe Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Non-Natural Catastrophe Analyst role. Highlight your experience with catastrophe modelling and non-natural perils, as well as any relevant technical skills. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about non-natural perils and how your skills can contribute to our team. Keep it concise but impactful – we love a good story that connects your experience to our needs.
Showcase Your Communication Skills:Since good written skills are key for this role, make sure your application is clear and well-organised. Use bullet points where necessary and avoid jargon unless it's relevant. We appreciate clarity and want to see how you can explain complex ideas simply.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Non-Natural Perils
Make sure you brush up on the various non-natural perils mentioned in the job description, like terrorism, war, marine, and aviation. Being able to discuss these topics confidently will show that you understand the role and its challenges.
✨Showcase Your Technical Skills
Even if you don't have extensive experience with SQL, R, or VBA, it's important to demonstrate your aptitude for technical coding. Be prepared to discuss any relevant projects or experiences where you've used similar skills, as this will highlight your ability to adapt and learn.
✨Communicate Clearly
Since the role involves explaining complicated ideas, practice articulating your thoughts clearly and concisely. You might want to prepare a few examples of how you've successfully communicated complex information in the past, as this will be key in showcasing your fit for the position.
✨Understand the Regulatory Landscape
Familiarise yourself with the regulatory obligations related to non-natural catastrophes, such as those from PRA, BMA, and Lloyd’s. Being knowledgeable about these regulations will not only impress your interviewers but also demonstrate your commitment to fulfilling the responsibilities of the role.
